Feb 12 (Reuters) – Bombardier on Thursday reported higher fourth-quarter revenue as the Canadian business jet maker delivered more planes during the last three months of 2025.
The Montreal-based company has been benefiting from strong demand from affluent buyers as well as tariff-free delivery of its aircraft to the U.S., the world’s largest market for private aviation, under the United States-Mexico-Canada trade deal, despite ongoing U.S.–Canada trade friction.
Bombardier delivered 64 jets in the fourth quarter, compared with 57 planes a year ago. Its quarterly revenue rose almost 19% to $3.69 billion.
On an adjusted basis, it posted a quarterly profit of $4.80 per share, compared with $3.01 a year earlier. Analysts, on average, had estimated a profit of $3.40 per share, according to data compiled by LSEG.
For 2026, the company forecast more than $10 billion in revenue and free cash flow between $600 million and $1 billion. It expects to deliver more than 157 planes during the year.
Free cash flow, a metric closely watched for planemakers, rose to $1.07 billion in 2025 from $840 million in 2024, reflecting higher customer advances from new orders and aircraft deliveries.
The company’s full-year bookings were 1.4 times its billing, reflecting strong demand across its aircraft portfolio.
But the company faces tariff risks, as the USMCA agreement, which U.S. President Donald Trump recently called “irrelevant” for the U.S., is set to be reviewed later this year.
Earlier this year, Trump also threatened to decertify Bombardier’s large cabin Global jets and slap 50% import tariffs on all Canadian-made aircraft until the country’s regulator certified a number of planes produced by U.S. rival Gulfstream.
The head of the U.S. Federal Aviation Administration said on Tuesday that he expects the issue will be resolved soon, with Transport Canada set to certify Gulfstream jets.
(Reporting By Allison Lampert in Montreal and Aatreyee Dasgupta in Bangalore; Editing by Shinjini Ganguli)
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